USOil exhibits a break of market structure on the 4-hour timeframe. We anticipate a retracement towards the 61.8% Fibonacci level, presenting a potential long entry opportunity. Set stop losses below the previous swing low and target the previous high.
Good evening and i hope you are well. Let me start today with a beautiful quote, which is often repeated in some form or another and indefinitely more people do not grasp. As we’ve discussed, every security is a claim on some set of cash flows that will be delivered to investors over time. Yet at any given moment, the only two things that determine the price of...
WTI oil (XTI/USD) could bounce off a pullback support at 79.79 which has been identified as a pivot point. Could price potentially bounce off this level to climb higher? Pivot: 79.79 Support: 76.60 Resistance: 84.35 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
WTI oil (USOIL) is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 80.472 which is a pullback support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 79.000 which is a level that lies underneath an overlap support that aligns with the 61.8% Fibonacci retracement...
WTI oil (USOUSD) could fall towards an overlap support and potentially bounce off this level to rise towards our take-profit target. Entry: 80.563 Why we like it: There is an overlap support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 76.830 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci retracement...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
✅CRUDE OIL is going down to retest a horizontal support of 80.00$ Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 81.72$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Oil analysis in 1 hour time frame In the specified areas, you can enter the transaction by seeing the confirmation. The general trend is upward, but in the short term, it can fall to the range of 76-77 and continue its upward trend from this range. Entry: 79.976-80.291 TP1: 81.621 TP2: 82.321 SL: 79.85 RR: 3.02
Hello,Traders! CRUDE OIL is making a local Bearish correction but the Price will soon retest a Horizontal support level Around 80$ per barrel From where we will be Expecrting a bullish Reaction, as Oil is trading In an local uptrend Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello 👋 📊West Texas Oil Analysis Analysis in the short and medium term is in the style of Elliot waves. Due to the formation of 5 rising waves, the market can enter correction, which will be formed in the form of ABC wave, which is currently expected to complete wave A, and any high can be a correction to continue falling. $82.0 range resistance Support and target...
WTI oil (XTI/USD) could bounce off a pullback support at 80.32 which has been identified as a pivot point. Could price potentially bounce off this level to climb higher? Pivot: 80.32 Support: 78.55 Resistance: 83.52 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
USOIL is exhibiting a strong bullish trend on the 4-hour timeframe, marked by clear higher highs and higher lows. We'll are watching the 50-61.8% Fibonacci level for a potential entry point. However, this trend is advanced, and a bearish reversal could occur at any time. Trade cautiously, prioritize risk management, and remember – this is not financial advice.
I posted a trade idea a few moments ago, this is the video explaining my idea. There are important points in the video that are noteworthy. USOIL is exhibiting a strong bullish trend on the 4-hour timeframe, marked by clear higher highs and higher lows. We'll are watching the 50-61.8% Fibonacci level for a potential entry point. However, this trend is advanced,...
Crude oil has been grinding higher since the December low, but after a 4-week period of choppy trade momentum has turned higher. Whilst $80 has been a tough level to crack in recent week, we suspect a breakout is now on the cards - 200-day MA has provided dynamic support - Falling wedge into 200-day MA - Bullish range expansion out of the falling wedge - RSI...
WTI oil (USOUSD) is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target. Entry: 80.563 Why we like it: There is an overlap support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 76.830 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci...
WTI oil (XTI/USD) is rising towards a potential breakout level at 82.53 which has been identified as a pivot point. Could price potentially break through this level and rise higher towards the 1st resistance? Pivot: 82.53 Support: 81.33 Resistance: 84.08 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...
WTI oil (USOIL) is falling towards an ascending trendline and could potentially break under this level to drop lower. Sell entry is at 82.329 which is a potential breakout level ( wait for the 1-hour candle to close under 82.329 for confirmation ). Stop loss is at 84.520 which is a level that sits above the recent pullback resistance. Take profit is between...
Oil position still active in the Gold Fund for our bigger investors. Oil moving smooth in our predicted bias! While it'll be a loss for majority of the public who suffer from higher Oil prices, we'll be profiting as we've managed to get in on the right side of the market📈 Buyers still holding strong. GET INTO LONG TERM OIL POSITIONS NOW!